GC Gold Futures Daily Chart Analysis: 2026-Apr-29 07:04 CT

Price Action

• Last: 4575.4,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -53%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -15%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 4584.5,
• 4. Pvt. Next: Pvt High 4768.9,
• 5. Levels R: 5510.8, 5464.7, 4917.7,
• 6. Levels S: 4584.5, 4130.6.

Daily Benchmarks

• (Short-Term) 5 Day: 4704 Down Trend,
• (Short-Term) 10 Day: 4758 Down Trend,
• (Intermediate-Term) 20 Day: 4756 Down Trend,
• (Intermediate-Term) 55 Day: 4794 Down Trend,
• (Long-Term) 100 Day: 4787.7 Down Trend,
• (Long-Term) 200 Day: 4332.3 Up Trend.

Additional Metrics

• ATR: 347,
• VOLMA: 182966.

Recent Trade Signals

• 29 Apr 2026: Short GC 06-26 @ 4604.5 Signals.USAR-MSFG
• 28 Apr 2026: Short GC 06-26 @ 4600 Signals.USAR.TR720
• 27 Apr 2026: Short GC 06-26 @ 4684.6 Signals.USAR-WSFG
• 21 Apr 2026: Short GC 06-26 @ 4802.8 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Neutral.

Key Insights Summary

Gold is in a broad corrective phase with price pressing below the weekly, monthly, and yearly session fib centers, keeping the short-term and intermediate-term structure firmly down. The daily chart shows a sharp downside impulse from the late-March/early-April swing high, followed by a partial rebound that stalled under the 20/55/100-day benchmarks and rolled back over into renewed weakness. Swing pivots confirm a downtrend sequence with the next pivot biased to a lower high, while the nearest resistance stack sits overhead near 4768.9, 4917.7, 5464.7, and 5510.8. On the downside, the active pivot support at 4584.5 has already been challenged, with the next major structural support at 4130.6. The 200-day benchmark remains the only major longer-term trend element still pointing up, so the larger backdrop is mixed, but the current tape is dominated by bearish momentum, rejection at resistance, and a failure to hold recent recovery gains.